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20130102
20130102
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English 89
Search Results 0 to 49 of about 89 (some duplicates have been removed)
SFGTV2
Jan 1, 2013 7:30pm PST
. there are actually three different bills on personal care products in congress right now, there's the good bill, which does these things, there's the newt ra bill which keeps the status quo and then what's kind of a bad bill, and they all sound like they're good because they all sound like, you know, safety of chemicals in cosmetic, they all have those words but they don't really all do that so i think it's also important as you're thinking about these things to go to a reputable organization that you trust is going to give you real information and support the kinds of laws that they're supporting rather than one that's maybe a bill posed by the industry that, guess what, wants to be self-regulating. okay, so now we are moving to the driveway, and this is really interesting because we think about low emissions cars as being really important for maybe climate change but they also might be important for breast cancer because when fuel is burning and you guys are familiar with chemicals that, you know, come bust, lower emissions vehicle, one that's more efficient may reduce these pah's in our air
FOX News
Jan 1, 2013 4:00pm PST
to close the book on this congress, right? >> that's right. we are less than 48 hours from a new congress being sworn in. so the clock is clearly ticking. there is also the concern about how the worldwide markets will react to this uncertainty. so that is why some house republicans are saying they should take the deal. >> i recognize we don't have the white house, we don't have the senate. and so all things considered, i think this is as good an outcome as we could have expected and it moves us toward, you know, issues that i think work more to our advantage and on to political ground that's a lot firmer for us. >> so he is saying that they can fight spending on future deals to come, but there are other republicans who are saying they should fight spending right now, rick. >> rick: mike emanuel up on the hill. thanks very much. white house officials say that president obama was planning to go back to hawaii, apparently thinking the fiscal cliff deal was done now he like the rest of the country is in limbo. team fox coverage continuing now. ed henry live at the white house. what's the reac
FOX
Jan 2, 2013 5:00pm EST
's diner in arlington. the customers which congressi would do the staple. >> i'm really upset with congress right now.ig i just feel like it's a complete failure. >> reporter: they watched thethe nation edge towards the fiscal cliff. >> i've been in suspence the whole time, like i wonder what's going to happen. >> reporter: what happened, was a deal, sort of.a >> i know we got a deal, but in two t months we'll have to go through it again. >> reporter: there's plenty ofy blame to go around. >> men with power and people whh don't walk in the shoes of thet every day man, and woman. >> what i'm sad about is the bih great compromise, you know, liken did -- like kennedy, theyh gone, knows were the peoplep reaching across the aisle.s >> reporter: when the government finished spending, there is not enough left on the table.e. >> bottom line is if you have $100 coming in, $100 is your limit to spend. >> we all were expecting, you know, everything, you know, but we need to like make more of a sacrifice to get through?thr the deal includes a 2% sociala 2%security payroll tax increasea >> does it upse
PBS
Jan 1, 2013 5:30pm PST
. >> thank you, judy. great to be here. >> woodruff: given the spectacle we're watching in the congress right now and the last few years and the low regard we know the american hold of congress, are you sure you want this job? >> oh, yes. there is so much that we need to do. we just need to roll up our sleeves and get to work. in nebraska we're very fortunate. we have a nonpartisan unicamral. we have experience with working with republicans and democrats. we've been able to get a lot done in nebraska. i hope i can bring that here to washington as well. >> woodruff: you obviously have not been a part of the senate that has been voting the last few days, but if you were sitting in the senate right now, would you have voted for the version of the fiscal cliff deal that the senate voted on last night? >> i haven't been part of those discussions. like most americans, i find it very, very frustrating to watch it. it's not what we expected. i can tell you that. the spending is a problem. when i campaigned last year-and- a-half all across the state of nebraska, what i heard from people was their conc
PBS
Jan 1, 2013 10:00pm PST
, members of the house, of the congress. where does everything stand right now? >> well, judy, house republicans met about an hour, hour-and-a-half ago. they just had been on the house floor. now that vote was not notable except it was a whip session. here's what house republican leaders have told their rank-and-file. we have two choices for you. choice one is to amend this bill. they've got a package ready to go of spending cuts. 's about $330 billion over ten years. the house has already passed it. it's a sequester replacement bill. it cuts food stamps, federal pensions. it cuts some other domestic spending. it gets rid defense cuts. we can pass that and attach it to the senate deal and send it back to the senate. they've also been warned, you can do that if you want to. if you do that, it probably kills this deal. harry reid, his aide senate democrats have been adamant. they're not going to touch an amended version of this deal that was brored between republican leader and the vice president. option 2 is to pass that senate passed bill on the house floor. if it comes to that. if h
MSNBC
Jan 2, 2013 10:00am PST
and congress goes home? >> well, you're absolutely right. it is incomprehensible. you're right. in vermont we suffered, and now in new jersey and new york people are suffering. but as you know, we passed an emergency relief program, disaster relief program, for sandy. we passed it in the senate. >> i know you did. >> our republican friends in the house chose not to do with it -- to deal with that issue, and i think that is a real tragedy. >> senator, thanks for joining us today. again, happier 2013 to you. >> happy new year to you as well. >> thanks. >>> stocks are soaring, first trading day of the new year, the market is buoyed by a better than expected report. joining me, ruth marcus, also greg yip. welcome both. the markets just reacting to this last-minute deal? other fundamentals that you are looking at? >> mostly it is the deal. the deal does three things that the markets are happy about, number one, taxes in the new year, number two, removes some of the uncertainty about fiscal policy that's been plaguing the markets and business for a number of years now. these tax rates are now perma
FOX Business
Jan 2, 2013 11:00am EST
were in congress right now? >> i'd probably would have looked at absolutely every budget and 20 #% off the top. families do it all the time. my concern was not whether the markets would rally. the biggest concern is that when you attack those who give money away, it hurts charities, and when i -- i'm looking out for the poor. you know, they want to say this discussion's about the wealthy and the poor. face it, it's the wealthy who help the poor. when charities tighten belts, it puts pressure on government. i think that a 20% across the board in every single agency, department, and, come on, you talked about the waste. there's things we spend money on that the american people don't know we're spending money on. just start there. cheryl: all right. unemployment -- before i let you go -- unemployment extended for another year. would you have discontinued the long term unemployment benefits? >> let it all fall and let everybody who then was affected come to washington and talk themselves about how they were affected as opposed to having back deals cut to where hollywood lobbyists and other
FOX News
Jan 2, 2013 1:00pm PST
congress, this is arbitrary, right? >>guest: i would not call it arbitrary. some bureaucrats thinks it is good. i don't know that running it through congress makes it better. >>neil: i would think on the dog chasing the bear, i don't think that would pass, a dog voting "yes." >>guest: that was done by regulators. >>neil: i have in proof. >>guest: i would think the bob cat could teach the dog a lesson without bureaucrats being involved. >>neil: i was here the other day and john's studio audience gathered and they are rabid and fired up and half the fun is watching them get annoyed. it is great stuff. catch it on fox business. >>neil: when we come back, congress, you deserve a raise. are you serious? that is an open question. >>neil: we are getting word that president obama although he is in hawaii will sign the 157-page fiscal cliff bill that keeps the lights on in washington, dc, and the spending on in washington. it will be signed electronically so although he is in hawaii, the bill is there but there is coming from bret baier that it will be signed and good as gold. while everyone
FOX
Jan 2, 2013 7:00am PST
of your audio. i -- there's basically three more fiscal cliffs that congress is facing right now, right? >> reporter: the debt limit in february. the automatic march and the third is a temporary budget runs out -- runs out at the end of march. that will present more situations and battling. it might be a very rough start to the new year in terms of political battling between democrats and republicans. of course, the white house, as well. >> all right. jamie dupree, joining us live from washington, d.c. you can find a link to jamie's blog at ktvu.com. pull down the news bar. >>> all right, tori. 7:20. for the first time there is a new study that says fructose sugar may make you overeat. tests show that fructose, a type of sugar can cause changes in the brain that make you overeat the -- overeat. it found drinking a beverage with fructose, the brain does not register the feeling of being full like with other simple sugars. although the study doesn't prove it causes obesity, it does add to the evidence it may contribute to it. >> something to think about in the new year. >>> 7:20. it's rea
CNN
Jan 2, 2013 8:00am PST
know what's funny is there's one analyst who says congress has all right done the the debt limit -- the day they're rallies, but this is on the back of their minds. >> good to see you. happy new year. >>> how big a rally will we see? we'll keep an eye on the big boards, and we'll be right back. zinchts i'm the executive chef in new jersey. >> ear rick levine got off to a rocky start on the food network's "chopped," but the fact he showed up to compete defines resilience. >> the night before i had chemo radiation treatment and i had six to eight months to go. at that moment it was like a light bulb went off. it was, wow, look at the tunlts that i have. most people would give their soul to have what i have. >> eric survived the chopping block and won $10,000, but more importantly he's survived cancer five times. he was first diagnosed when he was 29 years old. >> after i had had cancer for the fifth tide, i wanted something to remind me every day of life. so the 5 on the outside represents the if i ha5 times i cancer. you take responsibility for your happiness and your action says
FOX Business
Jan 2, 2013 1:00pm EST
of congress. >> right. >> why, then, are you so confident we need to raise the debt ceiling without getting cuts? why would you be satisfied is the question? >> see, i actually think whether it's republicans or democrats, we both grand standed on the debt ceiling, but it's a bogus issue. you buy a refrigerator, it's on the credit card, and the bill comes at the end of the month and it's above the self-decided limit on how much you'll pay on a credit card so congress is really pretty irresponsible in playing with the debt ceiling. a lot of collateral damage to the economy, but, in fact, congressional policy that preexisted when the debt ceiling hits, all required the spending to then be accommodated with the debt ceiling. >> what's the purpose of havinga debt ceiling? colleagues say u.s. is in danger of going the way of greece right now with being extremely over leveraged and experiencing credit shock with sky high interest rates, which to me personal surprise, we have not seen yet. higher today, but because there's a market rally. >> it's a fair question. there's only two countries that hav
MSNBC
Jan 2, 2013 7:00am PST
for congress. let's dive right in. you say at the top of your list fossil fuel exports. why do you think this might become a big issue? >> i think fossil fuel exports has been a huge issue in the energy world for the last couple of years and finally it's rising to the level of where it's going to gain the attention of congress. the energy department released a study last month giving an implicit nod to natural gas exports. i think that could compel congress to really look at this issue. this law governing natural gas exports hasn't been updated since 1938. whether or not congress has the political will to change it remains to be seen but it's certainly going to be part of the conversation. >> you also write about the european financial crisis. i would think it's fair to say 2012 was a horrible, terrible, very bad year for the european economy. but what could that mean to us here? >> right. i think the fiscal cliff of the past month has really allowed a lot of people and especially those in congress to forget that there's a big world out there where economies are not doing so well either.
CNN
Jan 2, 2013 2:00am PST
, just like almost everything congress does, right? the senate republican leader, mitch mcconnell, having difficulty with harry reid, he wanted to do a deal. he was feeling like maybe the democratic leader would string him along, trying to push him toward the cliff to increase his leverage. he called joe biden. they have a very good working relationship. cut a deal last year to increase the debt limit for the government. they -- they increased or extended the payroll taxes you were talking about in 012010. i have this from folks who were there. he went off the senate floor into the cloak room and said a lot of guys don't understand how things work like you do, joe, can we work together? and joe biden said let me call you back. he did and put an offer on the table. the first one of many that got us to the deal we see today. >> speaker boehner voted in favor of the bill, eric cantor did not. paul ryan voted in favor of the bill, marco rubio did not. are we seeing a fundamental split in the republican party? >> i think so. i think a lot of conservatives felt there was a revenue decrease with
CBS
Jan 2, 2013 7:00am PST
and that means, norah, that a fight is going to start right away between congress and the white house over how to come up with a package of sensible cuts to replace that sequester. >> nancy, you mentioned that the sequester was not dealt with. it also didn't deal with the debt ceiling which needs to be dealt with in the next couple of months. so what happens now? is there still hope for grand bargain or is that done? >> reporter: well, that grand bargain the president had been working out with speaker boehner was supposed to include raising the debt ceiling. that grand bargain fell apart and now congress is going to have to vote in pretty short order to raise it and republicans are already saying they're not going to do that unless they get some big spending cuts in return. you heard the president say repeatedly he's not going to negotiate over this again. he doesn't want to see the nation's credit downgraded. he wants congress to just pass it right away, but he doesn't control congress. pso if hso ie waf hents wanreputs rblicepubans licato ns to vote in favor of raising
ABC
Jan 2, 2013 5:30pm EST
parts of no new jersey and right around here on the wart. congress refused to act on this i'd package. we have the latest from washington. >> reporter: in october, superstorm sandy unleashed her fury often new york and new jersey. now the fight over funding has l.upted into a storm of anger on >> we cannot believe that this cruel knife in the back was delivered to our region. >> reporter: and in the region. >> 66 days and counting. shame on you. shame on congress. >> reporter: lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, house speaker john boehner pulled the bill. it would not -- the reaction was swift and angry. >> the ayes have it. the house stands adjourned until 10 a.m. tomorrow morning. >> reporter: the senate passed a measure that with provide $60 million and many said the provides tag was too high. >> there raise been no substantive reason given for the action. >> reporter: the timing is key. if the house doesn't vote on the senate-passed measure, lawmakers have to start from scratch because the new m
CSPAN
Jan 2, 2013 5:00pm EST
the people on the tv, talking about can't do that, ok, we got these people in congress right now, this president, you understand me, he is trying to do everything he can. his hands are still tied. host: it sounds like you are are a defender of president obecause mark drawing a comparison between president obama and mitt romney, his opponent in the presidential election. does president obama have a mandate? if he says, i want you to vote for this, democrats, that you should vote for it? guest: the president was clear he wanted to maintain the quarter million dollar ceiling. he gave ground on that. but it was as clear a policy statement as possible and mr. romney and mr. ryan posed, i guess, sort of a contrast, although they got fuzzy toward the end when it's kind of hard as mr. romney was reinventing himself but what he said for most of the campaign was diametrically opposed to what the president has proposed here. the american public saw it, the american public decided and as i say, it wasn't just the presidential election, but it was overwhelmingly in terms of senate and the hou
FOX Business
Jan 2, 2013 5:00pm EST
'm melissa francis and here's what's "money" tonight. just when you think we're in the clear, congress reels us right back in. yes, there is finally fiscal cliff deal. now a brand new showdown looms over the debt ceiling. when will the madness end? we'll ask republican senator john barrasso. >>> plus a sperm donor being forced to pay child support. despite his signing away all parental rights before the baby was born. we'll look at money impact on the baby business everywhere. >>> and this picture will self-detruck in 10 seconds. the snap chat picture sharing app takes smartphones by storm. deletes content explicit or otherwise in just seconds after viewing it. or does it? how users could be literal caught with their pants down. we'll explain that one coming up. even when they say it's not it is always about money melissa: let's get right to a developing story right now. moody's rating agency just warning a short time ago that the fiscal cliff deal does not go far enough. moody's warning it will cut the u.s. credit rating without more deficit reduction. the mark sets celebrating today, not w
CSPAN
Jan 2, 2013 6:00am EST
for this congress doing the right thing. >> the gentleman's time has expired. the gentleman from michigan, mr. camp. >> i yield 30 seconds to the distinguish gentleman from texas. >> i wanted to thank somebody on the other side -- after all these years -- for finally acknowledging publicly that 90% of the bush tax cuts help middle-class. i yield back. >> the gentleman yield back. >> i will yield to my temptation to respond -- i will now yield two minutes to another distinguished gentleman member of our committee, mr. neal of massachusetts. >> recognized for 2 minutes. >> thank you. at this late hour, let me point something out and take exception to what chairman camp said at the outset of his remarks. we are here tonight because, despite what the gentleman from texas just as well, you cannot cut taxes by $2.30 trillion over 12 years and fight to wars -- two wars. when you heard the argument before that was so popular -- is the people's money. it will promote economic growth. the most anemic growth the american economy is had since hoover became president. you know what is the people's responsibilit
FOX
Jan 2, 2013 6:00am EST
battle lies ahead. what the new congress faces in the months ahead. fox 5 morning news continues right now. >>> straight up 6:00 right now. here is a live look outside. we'll take a live look at the u.s. capitol dome where lots of wheeling and dealing has been going on, finally a compromise reached on the fiscal cliff deal, but, of course, our troubles are far from over. we'll be continuing to follow that story coming up. >>> good morning, everyone, it is wednesday, january 2nd, 2013. i'm sarah simmons. >> i'm wisdom martin. let's get right over to what's happening outside in the weather world. and for that we say hello once again to tucker barnes. >> hi. >> good morning. >> good morning. >> everybody headed back to work and school, at least parts of the area. >> get the seat warmers going. >> get the seat warmers going. 30s to start your day. here's a big change from yesterday. we'll have more sunshine than we've seen in the last couple of days. so it should be fairly nice looking out the window. still on the cold side. highs only about 40, maybe 42. let's go right to radar. we've h
CBS
Jan 2, 2013 12:00pm PST
is in the a republican value. >> we pray for them. how much prayer would to take for this congress to find it in their hearts and in their heads to do the right thing? >> if a vote on the pagac doesn't vote before the congress starts tomorrow, they will have to vote on it as soon as they are sworn in. >>> no delay getting the sandy hook elementary school students into their new school. today they toured chalk hill school in nearby ron mow that was renovated for children's whose studies came to a halt when a gunman opened fire killing 20 children and six adults almost three weeks ago. classes restart tomorrow. the desks and belongings left behind are now at the new elementary school to help the students feel more at home. >>> back here in the bay area, air quality officials have called a second spare spare spare today so that means you can't burn wood or other solid fuels. and you might be tempted to, with how cold it is out there. bay area drivers woke up to find frost on their windshields, cold seats in their cars. the temperatures were near or below freezing in some places so just how lo
MSNBC
Jan 2, 2013 1:00pm PST
and elsewhere. they're just overloaded with things right now in the congress. and it's so hard to see it getting through that house when of course the leadership doesn't want it to get through the house in the first place. >> indeed. julian, we now know how william spengler who murdered two firefighters last week was able to get his bushmaster semiautomatic despite being a convicted felon. this woman bought the gun on behalf of the shooter at a gun shop. julian, if you went into a cornershop and a child openly gave you instructions to buy a certain brand of cigarettes, it's likely that the shopkeeper would refuse. yet in the space of two weeks, one person steals his mother's guns, another buys a bushmaster illegally. isn't this why these weapons of warfare need to be banned because if they are available, people will find a way of getting them. >> yeah. it's why these weapons of warfare need to be banned and why we need to do a lot more if we want to have any hope of trying to protection our children and others from the epidemic of gun violence. you have the problem of unlicensed places as gun sh
CNBC
Jan 2, 2013 1:00pm EST
is diana olic, bob and eric. coming back aces from washington, diana, what are they? >> that's right. congress did not touch the mortgage interest. number one on the mortgage interest deduction i have to say it is more emotional because to you do the math you will find the savings you get from refinancing to today's record low interest rates, which by the way are government induced, is probably more than the savings from mortgage interest deduction. still a big one emotionally and that's great. >> not only for homeowners but for realtors too. >> yes. for realtors too. and tax relief for debt forgiveness is huge. ov over 98,000 short sales in q3 alone. modifications by big banks helped keep the housing recovery going. helped put a floor on home prices. if you had it pay taxes on that debt relief, people would stop accepting short sales, go right into foreclosure. plus the banks wouldn't be able to do the loan modifications. >> thanks you. up next, after the fiscal cliff storm, how is it going to fare? ? bob, what do you think? >> the banking index was 30%. that's because after the fin
Current
Jan 2, 2013 3:00pm PST
the last time i saw john boehner even crack a grin. [♪ theme music ♪] >> jennifer: 24 hours after congress finally did something, the right-wing is up in arms! the reports headline was republican horror new year. scary stuff. and it only got spookier from there as republicans turned on their own. >> republicans caved last night. >> they waited 20 years before giving themselves away. >> i would be. >> seriously, could the republican party have mismanaged this any worse. >> i think the president did a great job of getting the speaker to undo everything that he promised he would do. >> after midnight and all of that partying and rivalry that goes on at new year's eve, what i can tell you is they did half a bill. >> jennifer: not just the folks on the right who are whining and complaining, there are some on the left who are almost giving the tea party for dogmattic money. paul krugman wrote . . . >> jennifer: okay. i love paul krugman but on this one i have to strongly disagree. let's take a look at what progressives actually got. first democrats got tax increases for the we
CNN
Jan 2, 2013 9:00am PST
as tomorrow? >> reporter: right. congress will be sworn in tomorrow at noon. they're getting organized even today. to be honest, i think, suzanne, that there are two things happening. there's the fiscal cliff fallout, a lot of republicans were not happy about the spending in the bill. behind the scenes they told our producer that they understood what speaker boehner had to do and they weren't holding it against him. then we have this hurricane sandy relief bill, and to be honest it seems the speaker's office is quickly trying to fix that situation if they can. they're meeting with members from new york and new jersey today at 3:00 again coming from our producer. i think they realized and it would be hard not to that they angered many members and trying to figure out what they can do. they said speaker boehner's first priority in the next congress is the hurricane sandy aid. obviously, there are unhappy members and perhaps even more unhappy volters that they're going to have to speak to. we're going to hear from new jersey governor republican chris christie in the next hour as well, so that'
CSPAN
Jan 2, 2013 1:00pm EST
. toxic politics of congress right now. they can't even agree with each other. for somebody who has a real job to do here, you know, who is held responsible for the lives and health and safety of people in this state, it is extraordinarily frustrating to me that we've got people down there who use the citizens of this country like pawns on a chest board. that's the way the citizens of new york and new jersey were treated last night. pawns on a chest board, our people were played last night as a pawn. and that's why people hate washington d.c. and hate politics. last night it was my party responsible. last night, my party was responsible for this. matt? [inaudible question] >> i'm not a member of the house, i don't get a vote. i don't care. [inaudible question] >> i don't know. i hope not. i hope that we're not really believing that people who live in new york and new jersey are second-class citizens given the fact that we contribute so much more to the operation of the federal government than we ever get back in return. there is a regional bias, it should be in our favor when we finally ha
ABC
Jan 2, 2013 5:00am EST
benefits as well. some members of congress say it does not go far enough and sets up another showdown over fiscal issues in 2013. others believe the country could not afford not to pass this bill. the president talked about all this right after the passage. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest to% while preventing a middle- class tax hike that could have sent the economy back into recession and at a severe -- and have a severe impact on families across america. >> the president said it will be a very busy 2013. the new congress will be sworn in later this week. there will be a number of issues they will have to tackle quickly. one thing this bill does not do is tackle the so-called dumping ceiling. the country will reach its borrowing limits in a matter of months if congress does not act. >> police say speed cameras slowed down drivers and looks like they are right. in is the day found speed cameras have reduced speeding and accidents on seven maryland roads. aaa which has criticized the program as a moneymak
MSNBC
Jan 2, 2013 8:00am PST
congress. is that enough for you right now? >> if we get it through. the fact is we've been told this before. the fact is that we have no vote scheduled for next week. we're going to be in for two days the week after that, the following week is the presidential inauguration. is john boehner going to bring this up if a majority of the majority does not agree to it? let's face it, the overwhelming majority of the republican party is opposed to giving new york, new jersey and connecticut the aid we need. they say we need 27 billion. this bill was nor $60 billion. that's the number that governor cuomo, governor christie and player bloomberg need. just having a vote doesn't mean much unless it's for the full $60 million. i don't know how the speakler do that if he follows his policy saying you have to have a majority of the majority. it's very difficult to get anything out of that conference, especially when you're dealing with the northeast. if the speaker can do it, fine. we've been down this path now for the last month where i've been assured time and again everything was fine. i w
MSNBC
Jan 2, 2013 9:00am PST
will answer some of your questions, and help you find the aarp medicare supplement plan that's right for you. >>> with 58 minutes to spare, congress averted the fiscal cliff, but is this just an intermission with the big brawl still to come? it's wednesday, january 2nd, and this is "now." >>> i'm joy reid filling in for alex wagner. joining me today, michael steele. kurt anderson. ron, assistant managing editor of "time" magazine, and mr. sunday morning himself, editor of "the new york times magazine," hugo lindgren. >>> president obama is back in hawaii today after making permanent the bush tax cuts for 98% of americans. no word if the president will be signing it today with a pen in one hand and muay thai in the other. included in the bill. extension of unemployment benefits for a year and a two-month delay of the automatic spending cuts better known as the sequester. on deficit and debt, the deal is more of a punt, but just averting the cliff has sent the markets soaring with the dow already up over 200 points. while it's no grand bargain, the bill does not tackle spending, by the way, do
Current
Jan 2, 2013 3:00am PST
more broken can congress get than it is right now? they have known -- they had to deal with this for a year and a half. it was clear that they had to approve new revenue and a combination of new revenue and new spending cuts. it was clear we could not afford to continue the tax cuts for millionaires and billionaires and this bunch of clowns couldn't come to grips with it until the very very end. john boehner couldn't corral them even up to the very very end. the only thing he finally was forced into holding a vote. and it's 85 right? yeah 85 republicans abandoned the tea party, abandoned john boehner and ended up voting for the bill so we have got a broken congress more than ever, and we got a bad deal. 866-55-press, let's talk about it here on the "full court press" this wednesday morning, january 2nd. happy new year. >> announcer: radio meets television. the "bill press show," now on current tv. ♪ converstion started next. >> i'm a slutty bob hope. >> you are. >> the troops love me. the sweatshirt is nice and all but i could use a golden lasso.
CBS
Jan 2, 2013 6:30pm EST
is going to get tested right away when the new congress, which gets sworn in tomorrow, has to take a vote some time in the next two months over whether to raise the debt ceiling. republicans say they want big entitlement cuts in exchange for their votes. the president, anthony, says he's not negotiating. >> mason: nancy, is speaker boehner in any trouble over all this? >> well, the speaker does come up for a vote tomorrow about whether he gets to keep his speakership. there were certainly some conservatives who were frustrated about the fact that they had to take this vote on the bush tax cuts but most don't seem to be blaming him. they knew the tax cuts were expiring, they knew that the political reality was that they weren't going to be able to keep all of them so most of them don't seem to be holding the speaker accountable. >> mason: nancy cordes at the capitol. thanks, nancy. with the budget deal done president obama resume it had vacation he'd been forced to cut short. he returned early today to hawaii to rejoin his family. the white house has not said when the president will sign t
MSNBC
Jan 2, 2013 3:00pm PST
, congressman, am i right that they only met with the republican members of congress of those two states? you and other democratic representatives of those two states were not invited to this meeting? >> that's true. but i don't even care about that. what bothers me is that we're not going to do this today in the congress and get it to the president's desk. i don't care who they meet with. that doesn't bother me. but the fact that they're dividing this into three different bills or amendments that it's going to take sometime until later in january, we don't know when the senate is going to take it up. this is -- they're making this prolonged procedure just because they're afraid to have, you know, the tea party republicans and the right wing take a vote. >> let me be clear to people around the country. i've been there to new jersey and new york. people have losted everything. you have people living in shelters, you have people that are in real media. real need here. we're not talking about something that can wait easily. >> exactly. but the whole process, it's not american. like i said, we're
FOX
Jan 2, 2013 7:00am EST
. >> all right. thank you very much. >> so congress's action means the income tax for most will not go up but you will see another tax hike this year. >> sarah simmons is back with us now to explain that. >> hey, a lot of people might be confused. there is a tax we are talking about and that is the payroll tax. this is the amount that gets taken out of your check to go towards social security. for the past two years it was reduced to 4.2% in order to give you a break. the fiscal cliff bill passed last night did not include an extension of the payroll tax cut so now the rate goes back up to 6.2%. here's what this means. a household earning 50,000 $50,000 a year will see paychecks cut by $1,000 this year. for workers making as much as $110,000 a year which is the maximum wage subject to the payroll tax that's $2200 less coming home. this could still be a big hit to the economy. with some predicting smaller economic growth. they add it is likely a surprise to many americans who had heard about income tax rates and not the payroll tax. there is some good news to show. the fiscal cliff bill in
CNBC
Jan 2, 2013 3:00pm EST
tomorrow? >> right. >> so it will have to be an entirely different congress that takes this up. presumably boehner will still be speaker. got to win a speakership election between now and then. no indication that he would lose that so he has the authority to make these promises of what the next congress will do because he'll be the guys in charming. he's trying to mollify the new york and new jersey congressmen who have been extremely heated. i mean this, has been very bitter, intraparty warfare over this issue over the last couple of hours. >> not like they will dribble it out as they go on. >> this at least gets them something up front, a down payment on what they are looking for, and from the tone of this press conference which is still going on right now, so we haven't heard all of it, it seems like some of these members are happy with the deal that they are being offered now. >> very good. eamon, thanks very much. >> just fascinating, bill, because the bigger the size of the sandy relief package, the sooner we hit the debt ceiling so these issues aren't related, and on that note house
CNN
Jan 2, 2013 6:00am PST
congress would have done it by now. >> that's right. >> so -- go ahead. >> it's true. the things that lay ahead that are really a challenge, largely is health care because that cost in the whole economy not just medicare is going up faster than we can afford. that's really the bottom line so how do we reform our health care system and bring the cost in line so it's sustainable? those are very difficult issues. the republicans in general have wanted to cut benefits, seeing that as a way to control costs. democrats in general wanted to have system reform and we've got to find a way to work together on that. the other thing is that some of the tactics like threatening to default on our bills, and that was the debt ceiling showdown that we had last august, that's unfortunately very damaging. it's an effective tactic but it has such negative collateral consequences for the economy that ideally we would have a truce on that and acknowledge that america has to pay its bills and there's no shortcut to the fiscal reform that we need. >> i don't know if we're necessarily going to hear or use the wo
CNN
Jan 2, 2013 11:00am PST
is unleashing his fury right at congress. christie is angry because a house did not even vote on a $60 million aid package for hurricane sandy victims. >> every day that we don't bin to get this aid are days we can't help people get back in their homes, get businesses reopened, get our economy moving in this state again. those are the real consequences of it. inability for people to plan about what their future is going to be. it's absolutely disgraceful. and i have to tell you, this used to be something that was not political. you know, disaster relief was something that you didn't play games with. but now in this current atmosphere, everything is the subject of one upsmanship, everything is a possibility of -- a potential piece of bait for the political gain. and it is just -- it is why the american people hate congress. >> pretty strong words. speaker boehner set to meet with congressman peter king and other republican lawmakers from the affected states this hour. democratic house minority whip steny hoyer joins me now from capitol hill. congressman hoyer, house appropriations chair hal rog
MSNBC
Jan 2, 2013 11:00am PST
in the next congress. we get sworn in tomorrow, but we need the help right now. that was a commitment. he could not deliver. i can't deal with the schizophrenia within the leadership of the within party. we should all be on this. it took us a very short period of time to respond to katrina. $10 billion on a voice vote. mind you. then another the democrats and republicans. they did everything we asked them to do and not only to the republican leadership, we think it's time to act instead of playing games. let's put it off. many congress men have gone home until tomorrow. we don't even have votes that have this. we will not have it this congress regardless of how we go up and down. >> for folks suffering through this, one more day is painful. with that said, it is described as pushing the reset button when you address it with 113th congress. what kind of delay are we talking about? a week? a day, hours? how long long until it is passed? >> i hate to talk about it, but the fact is that we can get it done in two weeks. we talked about putting it in immediately and the new congress being sworn
FOX
Jan 2, 2013 9:00am EST
of deficit reduction. >> right about the same time that congress must vote on weather again increase the debt ceiling or risk default. telling folks on capitol hill he has begun to initiate emergency measures to continue to pay the government's bills through february. but one other thing that is coming up with all of this is that analysts who are watching washington d.c. watching that fracture debate, one of those analysts put the risk with that debt ceiling debate at 20%. back to you. >> melanie, thank you. >> so congress's action means the income tax for most will not go up but you will definitely see another tax hike this year. >> sarah is back with us to explain that. >> we kind of forget about all this that there is a tax hike that is going up. the payroll tax. this is the amount taken out towards social security. for the past two years it was reduced to 4.2% in order to give you a break in the tough financial times. the fiscal cliff bill passed last night did not include an extension of the payroll tax hike. now it goes up to 6.2%. here's what this means. a household earning $50,000 a y
CSPAN
Jan 2, 2013 5:15am EST
in her ow right, susan hertog. [applause] >> i'm certainly honored to be here at the library of congress book festival, but perhaps i'm even more honored to having been introduced by the extraordinary man, dr. james billington him a great man and a great librarian of congress. [applause] thank you. i will start at the beginning. as a child i loved to read. in the mid '50s, live in the outer boroughs of new york city, in my case the bronx, was comfortable but provincial. and my curiosity extended far beyond the bounds of my home and school. i wanted to know more about people in other places. what was happening in the world now, what had happened in the past, and quite simply how i came to be. books were my passports, and i consumed them voraciously. but i came to writing later than most. in my late '30s after having raised my three children. my generation, those of us born during and after world war ii, numbered in the millions. and we were asking questions that demanded to be answered. we had come of age in the heat of the escalating war in vietnam. and we didn't know why our brothers we
CNBC
Jan 2, 2013 2:00pm EST
-- >> can i ask a question? is washington helping or hurting our economy right now? >> good question. it is hard to -- >> cowardly congress -- >> i'm more charitable towards congress than the average person. i think we blame congress for not making decisions we haven't made. very want come to a consensus so congress hasn't made it and we haven't ourselves. >> starting off the year with a bang. let's bring in james and michael. with how the mark set taking this deal, michael, is this a good deal for the market? >> well it provides certainty to the markets. i think that is one of several reasons they are going up today. you touched on others. but i don't see this as a grow package long-term. i don't think it changed for the better. the structural dynamic of the taxation we need to grow the economy the way we need to. i think all it does is give certainty. other problem is we will live with this for a while. not only have we hamstrung ourselves now but for the next several sears yeah with a tax policy which i don't view as pro growth. >> that's what scares me is nobody is talking about
CBS
Jan 1, 2013 5:30pm PST
. but today, senate staffers told us that, right now, there is no word yet as to when congress will begin those hearings to approve john kerry as the next secretary of state. cl clinton herself isn't expected to travel. these health issues have kept her from all public events for the past three weeks, but she is working from her hospital bed. >> mason: margaret brennan at new york presbyterian hospital. on: margar margaret. a shell oil drilling rig is on the rocks tonight off the coast of alaska. it ran aground last night near st an uninhabited island on the state's south coast as it was being towed in a storm. lee co lee cowan reports the coast guard is leading efforts to free the ship and prevent damage to the environment. >> reporter: severe weather has complicated efforts to determine the damage to the 266-foot drill barge called the "kulluk." the concern is not for the crew; all 18 aboard were evacuated by the coast guard. the worry is the more than 160,000 gallons of diesel fuel and oil locked deep in the rig's hull, all being relentlessly battered by waves as high as four-story bui
KRON
Jan 2, 2013 7:00am PST
on the fiscal cliff. will be right back. >> welcome back. congress reaches an agreement on the fiscal cliff. this delays the billions in across-the- board spending cuts for two months. our political analyst michael yaki joins us now. >> are we just going to delay some major decisions? >> the cliff has two parts. we did have tax increases which we did a boy.avoid. what s not avoid it is the spending cuts because they basically comment mandatory two months down the road. >> it is almost a game of hot potato. they only took care of the tax increases and then two months we have trouble coming. >> this was wrapped up quite quickly. this was a deal that was done in 2011 and republicans basically forced it down the president's throat. they put him in a position and these decisions was just after the november elections. hear, we have a very triple cliff. this is what i like to call it. you have the debt ceiling expires in late february and you have this expiring. the government will run out of money in february. in the next 60 days you will probably see the first 59 starts yelling at each other. th
CNBC
Jan 2, 2013 4:00pm EST
. >> the music hasn't stopped. the cash is still flowing so markets will go higher. >> you're right. >> all right. we've got to go at this point. i'm not sure we solved anything, but it was fun somehow. >> we did better than congress. >> that's true. >> at least we didn't curse. >> no f-bombs here at least. see you later. stocks kick off the year on a high note thanks in last part to last night's 11th-hour tax deal in congress. checking with bertha coombs for today's leaders and laggards. >> bill, a day for notable milestones. the dow starting the year up over 2% for only the tenth time in 100 years, the nasdaq's best one-day gain in over 15 months, the s&p starting the year with a sizable gain for the fifth straight year. that's never happened and the russell 2000 hitting a new all-time high. zipcar was the russell's biggest percentage gainer on a $500 million cash deal to be acquired by avis which today hit a five-year high on that deal. on the s&p, u.s. steel the biggest peersage gainer on an upgrade from credit suisse and metlife seeing big cliff relief rallies today. j.c. penney bucking the
ABC
Jan 2, 2013 6:00am EST
, you are absolutely right especially with the debt ceiling. we have more work but after months of drama and tense negotiations, congress passed legislation to avoid the fiscal cliff. lawmakers did not meet the deadline and they didn't get the grand bargain that both parties clap was the goal there. was concern among -- a lack of spending cuts. the deal would shield income tax cuts for all workers earning less than 400,000 dollars a year and households earning less than 450,000 dollars. it prevents a tax hike on a state's -- estates valued at less than 5 34eu8ion and extends unemployment benefits for about 2 million people that were set to expire. now what it does not do is raise the debt ceiling. in two months the government will reach the limit on borrowing unless congress acts. the bill delays large cuts to the pentagon and other government programs. now although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress can try to take credit for retroactive tax cuts. >> i will sign a law that raises taxes on the wealthiest 2% o
FOX Business
Jan 1, 2013 10:00pm EST
with as well. lots of spending issues appeared. congress really at the end of this week if this goes through. diane: we are watching nancy pelosi speaking their excess your right. we are also -- one of the things we heard from the gop a year earlier, i said to your right. i should say to allow for people watching, but we heard from a gop aide the republicans at this point and the deal is not perfect. making the minutes and trying to avoid being blamed for going over the fiscal cliff. we've heard this route, the american public largely would hold republicans responsible if we do go over the fiscal cliff or if a deal is reached by that time markets opened here. why that blamed? a question of who had a better pr team working on this? the president verses the speaker is there more to that? >> in this particular case it would be because you had senate democrats and republicans overwhelmingly vote for this last evening. eighty-nine votes in the u.s. senate to get this through. it's remarkable, especially for this congress, for this type of legislation. you have house democratic leaders signing off
FOX News
Jan 1, 2013 6:00pm PST
on speakership thursday when the new congress goes in, the 113th congress, noon on thursday. i guess his people are saying that that is not the case at all. >>> well, that's right. they definitely were trying to walk us away from thinking that there s some soap opera going on here in the republican leadership in the house. but it has been a bruising fight in recent weeks for speaker john boehner. remember, he was negotiating with president obama and walked away from the talks and brought up a plan b. and had 40 or 50 of his members say we will not support, that the idea of raising taxes on those making more than a million dollars. behind closed doors is sunday night with the house republican conference multiple sources inside the room told me he got a standing ovation when thanked his rank and file for their support during this fight. so as of sunday night it sounded like the gang was essentially happy with the speaker but then you had a tough vote coming up here with a lot of conservatives in the house. the majority leader going out on the record saying i'm against this bill as it has come fo
CNN
Jan 1, 2013 4:00pm PST
you for your very clear explanations. jessica, we'll come right back to you. let's go to john avlon, our cnn contributor. john, let's just be frank. this was about the stupidest thing, one of the stupidest things congress has ever done that looked like it almost had a happy ending last night and here we are again in a yet stupider situation than last night. >> that's exactly right. what's really mind-bogglingly dumb about this particular maneuver isn't just this sort of new year's day scramble to defuse the time bomb but two things in particular. one, house republicans saying that they want to add spending cuts on this, knowing in effect that if they add a spending amendment, they change this bill, it effectively kills the bill because members of the senate are already out of town. first, they gave up their right to amend a bill when they all went home for christmas last friday. they wanted to stay and fight and negotiate, well, that could have been done but they all took a long vacation. that's the first thing. second thing that's mind-bogglingly stupid about this particular situat
ABC
Jan 2, 2013 4:30am EST
has been expected before congress's term ends thursday. >> secretary of state hillary clinton spent the first night of 2013 in a hospital, recovering from a blood clot. they are using blood thinners to break up the clots behind the right year. the plot-- the clot was discovered during a follow-up exam for concussions she sustained last month. it is not clear when she will leave the hospital. >> two men accused of brutally beating a d.c. man are back in court again today. they are scheduled to attend a status hearing. they faced aggravated assault and other charges and the connection with the beating of a man near south east. the person also faces charges related to the attack that left him with severe brain injuries. a prince george's county teacher accused of sexually abusing a 13-year-old girl. he was arrested december 6 and charged with six counts of sex abuse against a minor. a teacher at isaac in court and middle school. the alleged abuse happen last school year. he is emplaced on administrative leave. >> the controversial group opposes the new same-sex marriage law. annapolis
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